EU financial managers work with very complex financial structures and closely support senior decision-makers.
Work Environment
Financial Manager - EUs typically work in the following Career Sectors:
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The Work
The EU takes decisions that affect the daily lives of some 500 million people in 28 EU countries.
EU Financial Managers work with very complex financial structures and closely support senior decision-makers by:
- Defining financial and budget procedures
- Preparing annual reports and accounts
- Assisting with audits and inspections
- Managing organisational risk
- Supervising and mentoring colleagues
Contract staff may also be employed to carry out some finance tasks.
Qualities - Financial Manager - EU
The EU institutions are looking for candidates who are talented, motivated, and highly qualified in their field, and who have the following competencies in particular:
- Analysis and problem solving - Ability to identify the critical facts in complex issues and develop creative and practical solutions
- Communication – Communicate clearly and precisely both orally and in writing
- Delivering quality and results – Take personal responsibility and initiative for delivering work to a high standard of quality within set procedures
- Learning and development – Develop and improve personal skills and knowledge of the organisation and its environment
- Prioritising and organising – Prioritise the most important tasks, work flexibly, and organise own workload efficiently
- Resilience – Remain effective under a heavy workload, handle organisational frustrations positively, and adapt to a changing work environment
- Working with others - Work cooperatively with others in teams and across organisational boundaries and respect differences between people
An additional requirement for posts in the AD career bracket (administrators) is:
• Leadership – Manage, develop and motivate people to achieve results
Interests - Financial Manager - EU
This occupation is typically suited for people with the following Career Interests:
Administrative
Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.
They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.
Investigative
The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.
Linguistic
The Linguistic's interests are usually focused on ideas and information exchange. They tend to like reading a lot, and enjoy discussion about what has been said. Some will want to write about their own ideas and may follow a path towards journalism, story writing or editing. Others will develop skills in other languages, perhaps finding work as a translator or interpreter. Most Linguistic types will enjoy the opportunity to teach or instruct people in a topic they are interested in.
Entry - Financial Manager - EU
Training & Development
Pathways to develop your skills, experience, and qualifications towards a career in the EU:
-FET Centre Traineeship: Accounts & Finance Admin NFQ Level 5 Search FET Traineeship
-FET Centre PLC Course: Accounts, Business, Finance NFQ Level 5-6 Search FET PLC Courses
-Higher Education CAO Entry Accounting, Finance, Commerce NFQ levels 6-8 Search CAO courses
EU Financial Managers entrance requirements:
- A good command of at least 2 European languages (one of which must be English, French or German)
- An appropriate degree (or be graduating this year) for entry at Grade AD 5
- Several years’ relevant experience, to join us at a more senior level (Grade AD 7) EU Career Grades
Requirements may vary for contract staff.
| See: EPSO - European Personnel Selection Office - EU Career profiles - Finance |
Last Updated: April, 2023
Pay & Salary - Financial Manager - EU
Salary Range (thousands per year)* €57k - €100k
Basic monthly permanent official salaries range from around €2,300 per month for a newly recruited Assistant-Secretary (AST/SC 1) official, €4500 for an entry level graduate administrator grade (AD 5) and up to €16,000 per month for a limited number of top level Administrators (AD 16) at Director-General level. Each grade is broken up into five seniority steps with corresponding salary increases. Basic salaries are adjusted annually in line with inflation and purchasing power in the EU countries.
Data Source(s):
EU Salary Scales EPSO
Last Updated: July, 2024
* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
View Salary information from Indeed.ie
Note: data not aways available
Labour Market Updates - Financial Manager - EU
This information has been derived from the Solas National Skills Bulletin (2023).
Employment has grown annually for this occupation since 2019, resulting in an above average annual growth rate over the five-year period. Between quarter 4 2021 and quarter 4 2022, there was little growth in employment for the financial institution managers, with most of the growth relating to other financial managers/directors. Four-fifths of employment is concentrated in the financial activities sector. Although small in number, online job adverts grew by 7% in 2022.
Spotlight on Skills data points to a continuing demand for a range of financial related skills, including financial management, acumen, analysis and forecasting. Skills for financial managers, and in particular financial institution managers, are evolving with the changing nature of the financial sector, e.g. the impact of automation and digitalisation, the move to online banking and the transition to sustainable finance, with upskilling/reskilling likely to be a key requirement to meet future demand.
Useful Contacts - Financial Manager - EU
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EU Careers - European Personnel Selection Office (EPSO)
- Candidate Contact Service, Office C-80 00/40, B1049 Brussels
- 00800 6789 1011
- Click Here
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European Movement Ireland
- 8 Lower Fitzwilliam Street, Dublin 2,
- (0)1 662 5815
- [email protected]
- Click Here
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Public Appointments Service
- Chapter House, 26/30 Abbey Street Upper, Dublin 1, D01 C7W6
- (01) 858 7400 or Local: 1890 44 9999
- [email protected]
- Click Here
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European Parliament Information Office in Ireland
- 43, Molesworth Street, Dublin, 2
- 01 - 605 7900
- [email protected]
- Click Here
